DUPLEX FOR SALE

[Sedat Coban]

I need advice on a duplex i am buying in norfolk va its a 3br 1.5 bth and 2 br 1 bth home thats on market for 199,500 asking price. rental income is 1725 monthly. expenses are 180 dollars on water bill. I will purchase this using my va loan. whats a ghood offer based on the number its o down and no pmi payments pretty starait forward. monthly insurance around 65 dollars and yearly taxes are 2077 yearly. What is a good offer based on those numbers any help would be greatly appreciated it.

[Pete T.]

I would like at the comps in that area and go from there. Keep in mind that a lot of the rules of thumb you read on BP will not apply in Norfolk. What area of Norfolk?